Rico Auto Industries ITI Electrician Salaries by 4 Employees

0 - 6 years exp.

₹1.4 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

20% less than the average ITI Electrician Salary in Auto Components Companies for 0 - 6 years of experience

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Last Updated: 26 Sep 2024

Companies similar to Rico Auto Industries for ITI Electrician

Company name	Avg Annual Salary	Open Jobs
Shriram Pistons & Rings ITI Electrician Salary 2 - 11 years exp. (11 salaries)	₹1.5 L/yr - ₹4 L/yr 39% more
JBM Group ITI Electrician Salary 0 - 8 years exp. (9 salaries)	₹2 L/yr - ₹3 L/yr 34% more
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Wheels ITI Electrician Salary 2 - 8 years exp. (7 salaries)	₹1.5 L/yr - ₹2.2 L/yr 17% less
Tata AutoComp Systems ITI Electrician Salary 0 - 2 years exp. (5 salaries)	₹1.1 L/yr - ₹3.3 L/yr 19% more
JTEKT ITI Electrician Salary 3 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹3 L/yr 4% less
Spark Minda ITI Electrician Salary 3 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 22% more
NBC Bearings ITI Electrician Salary 0 - 3 years exp. (4 salaries)	₹1 L/yr - ₹3.2 L/yr 8% less
DENSO ITI Electrician Salary 0 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹2.4 L/yr 1% more
Bharat Forge ITI Electrician Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹5 L/yr 38% more
Balkrishna Industries ITI Electrician Salary 2 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹6 L/yr 83% more
Steel Strips Wheels ITI Electrician Salary 5 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹1.7 L/yr 22% less
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Sona Comstar ITI Electrician Salary 0 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.1 L/yr 5% less
Imperial Auto Industries ITI Electrician Salary 5 - 7 years exp. (3 salaries)	₹1.5 L/yr - ₹2.3 L/yr 12% less

ITI Electrician salary at Rico Auto Industries ranges between ₹1.4 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries ITI Electrician salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.4 L/yr

View all

Similar Designation salaries in Rico Auto Industries

Electrician Salary

(18 salaries)

₹1 L/yr - ₹3.45 L/yr

Technician Salary

(5 salaries)

₹2.5 L/yr - ₹3.8 L/yr

Senior Technician Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

ITI Fitter Salary

(4 salaries)

₹1.9 L/yr - ₹3.2 L/yr

CNC Operator Salary

(16 salaries)

₹1.2 L/yr - ₹2.5 L/yr

Operator Salary

(5 salaries)

₹1.5 L/yr - ₹2.55 L/yr

Trainee Salary

(8 salaries)

₹1 L/yr - ₹3.5 L/yr

Electrical Technician Salary

(5 salaries)

₹1.8 L/yr - ₹3 L/yr

Supervisor Salary

(74 salaries)

₹2.1 L/yr - ₹5 L/yr

Fitter Salary

(4 salaries)

₹0.5 L/yr - ₹2 L/yr

Top skills at Rico Auto Industries for ITI Electrician

Plant Maintenance Preventive Maintenance hrd Material Handling Utility Maintenance Breakdown Maintenance Visa Processing CNC Maintenance Electrical Maintenance Corrective Maintenance Breakdown Analysis Hydraulics

Salary related reviews for Rico Auto Industries

4.0

Rated by 1 employees for salary & benefits

Deputy General Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 22 Apr 2022

3.0

for Salary and Benefits

Likes

No Pros about working at RICO

Job security - Good

Dislikes

Office Politics Non-Co-operative colleagues and seniors No growth in terms of salary Management do not value individuals strengths Office systems are worse No WFH Even during the peak covid time they asked employee to come to office without thinking about their family and lives.

Skill development - Bad

+3 more

Program Manager in Manesar

Project & Program Management Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

Cleanliness

Dislikes

Unorganised, unsupportive Management, zero learning, salary deduction without any notice. Forget your hard earned bonus without any explanation. not a policy driven unit of RICO group. Two years of bond. Deduction on FnF will not be explained. Bunch of literate but illeterate deptt head.

Salary - Bad

+6 more

DIE Fitter in Bawal

Research & Development Department

5.0

• posted on 13 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new

Quality Assurance/Quality Control Manager in Bawal

Quality Department

1.0

• posted on 07 Feb 2021

3.0

for Salary and Benefits

Likes

Nothing in specific Job security -0 in quality you can be fired any time Every year they fire quality HOD, They fire only new person .

Dislikes

.....Quality is unsafe job at least don't join manager and above....don't join ....don't come for salary only ...new people are either fired with in1 year or they will run by own.....Lala think quality person makes quality and only responsible for quality.....discipline is Zero.....no support from senior....they will make you responsible for everything .....every body saving there jobs .....Never ever join this Bawal plant. Unless you don't have job .

Skill development - Bad

+5 more

Quality in Bhiwadi

Production, Manufacturing & Engineering Department

4.0

• posted on 09 Jan 2020

4.0

for Salary and Benefits

Likes

The company adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base. Another plus point is that my colleagues come from various cultural backgrounds and we work happily in collaboration. I also like the employee re-hire policy here.

Salary - Good

+4 more

Dislikes

Compensation is decent, but growth is slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Rico Auto Industries ITI Electrician Salary FAQs

What is the salary of ITI Electrician at Rico Auto Industries ?

The average salary of a ITI Electrician at Rico Auto Industries in India typically ranges from ₹1.4 Lakhs to ₹2.4 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of ITI Electrician at Rico Auto Industries earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. ITI Electrician Salaries at Rico Auto Industries can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Rico Auto Industries employees in India.

What is the estimated take home salary of a ITI Electrician at Rico Auto Industries in India?

The estimated take-home salary of a ITI Electrician at Rico Auto Industries in India typically ranges from ₹14,208 to ₹15,707 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from Fresher to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Rico Auto Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a ITI Electrician at Rico Auto Industries ?

To be a ITI Electrician at Rico Auto Industries in india, the key skills required include:

- Plant Maintenance
- Preventive Maintenance
- hrd
- Material Handling
- Utility Maintenance

These skills are highly valued at Rico Auto Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Rico Auto Industries for ITI Electrician in India?

Balkrishna Industries	₹2.3 Lakhs to ₹6.0 Lakhs per year
Shriram Pistons & Rings	₹1.5 Lakhs to ₹4.0 Lakhs per year
Bharat Forge	₹1.6 Lakhs to ₹5.0 Lakhs per year
JBM Group	₹2.0 Lakhs to ₹3.0 Lakhs per year
Spark Minda	₹2.2 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Rico Auto Industries, depending on the role and experience level.

What is the salary of a ITI Electrician in companies similar to Rico Auto Industries in India?

The salary of a ITI Electrician at companies similar to Rico Auto Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AutoComp Systems	₹1.1 Lakhs to ₹3.3 Lakhs per year
DENSO	₹1.6 Lakhs to ₹2.4 Lakhs per year
JTEKT	₹1.2 Lakhs to ₹3.0 Lakhs per year
Sona Comstar	₹1.8 Lakhs to ₹2.1 Lakhs per year
NBC Bearings	₹1.0 Lakhs to ₹3.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a ITI Electrician at Rico Auto Industries in India?

The salary growth for a ITI Electrician at Rico Auto Industries depends on factors such as experience, performance, and promotions. On average, a ITI Electrician can expect the following growth trajectory at Rico Auto Industries:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹2.9 Lakhs per year
1 year	₹1.5 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.1 Lakhs per year

and so on.

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Rico Auto Industries ITI Electrician Salaries

Rico Auto Industries ITI Electrician salary in India ranges between ₹1.4 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.